[New post] CIMB: ComfortDelGro

alanyeo posted: " Kia ora, New Zealand!■ CD won a S$1.13bn contract to operate rail services in Auckland through its50%-owned JV with UGL Rail. Initial term of 8 years to commence Jan 2022.■ We are positive on the win; this is an asset-light business model with stablecash" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: ComfortDelGro by alanyeo Kia ora, New Zealand!■ CD won a S$1.13bn contract to operate rail services in Auckland through its50%-owned JV with UGL Rail. Initial term of 8 years to commence Jan 2022.■ We are positive on the win; this is an asset-light business model with stablecash flow and defensive earnings. We estimate EPS accretion of 1.1%-1.8%.■ Reiterate […] Read more of this post alanyeo | August 27, 2021 at 1:52 pm | Tags: comfort delgro | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3l4 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/27/cimb-comfortdelgro-3/ Thanks for flying with WordPress.com